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13/09 Ankita Soni
HR Manager at TATA AIG

Views:235 Applications:68 Rec. Actions:Recruiter Actions:5

TATA AIG - Risk Underwriting Role - Trade Credit (3-8 yrs)

Mumbai Job Code: 1313762

Role details:

- Risk Underwriter

- Department: Trade Credit

- Product: Trade credit Insurance

- Experience level: Min 3 or 4 years of experience

- Requirement: Credit analysis; Strong ability to understand, interpret and assess key financial statements of entities; exhibit strong understanding of a corporate entity's business model, its cash flow sources, sectoral and industry-specific nuances in which the entity operates

Job Description:

- Credit risk assessment of non-financial corporates (listed entities, private companies and proprietorship firms) across diverse sectors in the trade credit insurance vertical

- Assess and analyze the creditworthiness of a portfolio of buyers (customers) that trade with the policy holder

- Assign risk ratings and credit limits for every buyer in the portfolio as per request received from the policy holder

- Work on risk assessments of buyers in potential prospects as required by the commercial underwriter

- Liaise with commercial underwriters, clients and brokers to communicate final decisions on credit limits - thoroughly explain the rationale for approvals

- Maintain agreed TATs for communicating limit decisions and adhere to underwriting guidelines and processes

- Continuously monitor the assigned limits and exposures on entities for any negative or adverse news, and take corrective calls on exposures accordingly

- Maintain a detailed MIS of the portfolio that you would be responsible for

- Support senior underwriters and risk head with knowledge materials, presentations to clients and other external stakeholders

Target candidates:

- Risk underwriters in other insurance set ups with exposure to TCI

- Credit analysts in banks or NBFCs who have worked on trade credit, WC loans or other short term financing

- Credit/rating analysts in credit rating agencies

- Credit analysts working in fixed income groups in asset management firms (MF, pension funds) or other debt capital exposure

Women-friendly workplace:

Maternity and Paternity Benefits

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